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Peter Goettler, the CEO of United States-based think tank Cato Institute, has provided an update to the crypto community on the man who photobombed former Federal Reserve Chair Janet Yellen during a 2017 congressional hearing — and he’s in the family. In a Monday online conference hosted by the Cato Institute on the . . . → Read More: Cato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing A recent report from the Ethereum Enterprise Alliance (EEA) highlights how the Ethereum ecosystem has matured to a point where the network can be used by businesses to solve real-world problems. From supply chain management use cases to payment solutions utilized by companies like Visa and PayPal, the report demonstrates how the Ethereum . . . → Read More: ETH Merge will change the way enterprises view Ethereum for business Bitcoin (BTC) could dive another 50% from current levels if the upcoming winter proves a major test for Europe. That was the conclusion of a veteran crypto market analyst this week, with BTC/USD failing to reclaim $20,000 support. In an interview with Cointelegraph, Filbfilb, creator of trading suite DecenTrader, forecast a potential BTC . . . → Read More: Bitcoin analyst who called 2018 bottom warns ‘bad winter’ may see $10K BTC Crypto OGs — slang for Original Gangsters — have acquired almost a mythical and godly reputation in an industry populated with libertarians, anti-government rebels, innovators, get-rich-quick scammers, hackers and degen investors with rampant gambling addictions and toxic social media behavior. Who are these OGs exactly? Unlike the rich and powerful in the traditional finance . . . → Read More: Insiders’ guide to real-life crypto OGs: Part 1 Ethereum is just over a week away from officially moving to a proof-of-stake (PoS) blockchain with the Merge slated for completion around Sept. 13–15. With the transition, Ethereum would abandon its current proof-of-work (PoW) chain, eliminating miners from the ecosystem. Ethereum is a vast ecosystem with thousands of decentralized applications and decentralized finance . . . → Read More: What the Ethereum Merge means for the blockchain’s layer-2 solutions Ethereum’s native token Ether (ETH) shows the potential to log major gains versus Bitcoin (BTC) with the ETH/BTC pair nearing yearly highs. Ether paints classic bullish reversal pattern The bullish cues come from a classic technical pattern called the inverse head and shoulders, which develops when the price forms three troughs below a common . . . → Read More: Will Ethereum keep rallying versus Bitcoin? ETH price technicals hint at 60% gains ahead Global cryptocurrency taxation rules significantly vary among countries, and some jurisdictions have come up with extremely tough crypto tax policies for their residents. In a new study by crypto analytics firm Coincub, Belgium is referred to as the worst country in the world in terms of crypto taxation for residents. That is according . . . → Read More: Which countries are the worst for crypto taxation? New study lists top five Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior. According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month. Analyst: Whales protectin positions “forming a local bottom” As BTC/USD hit its lowest levels since the end of June, whales were . . . → Read More: Bitcoin whales send BTC to futures exchanges in ‘classic’ bottom signal The decentralized autonomous organization (DAO) behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28 million in retroactive funding for their role in the development of Aave Protocol v3. Voting for the proposal began on Tuesday and, at the time of writing, has already . . . → Read More: Aave devs look set to receive $16.3M via retroactive funding Crypto analytics firm Chainalysis has suggested that the price of Ether (ETH) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption. In a Wednesday report, Chainalysis explained that the upcoming Ethereum upgrade would introduce institutional investors to staking yields similar to certain instruments such as bonds and commodities while . . . → Read More: Ether price could ‘decouple’ from other crypto post Merge — Chainalysis Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out. In a Wednesday post on Linkedin and Twitter, McGlone explained that while the United States Federal Reserve tightening will likely determine the direction of the stock market, Bitcoin remains a “wildcard” . . . → Read More: Bitcoin is a ‘wild card’ set to outperform —Bloomberg analyst Dow Jones, S&P 500, ASX 200, Australia Trade, China Lockdowns, Technical Analysis – Asia Pacific Indices Briefing Dow Jones, S&P 500 and Nasdaq 100 rally the most in about one month Traders might have repositioned themselves for the Fed blackout period ASX 200 may still struggle ahead due to the economic risks from China . . . → Read More: Dow Jones Soars as Fed Blackout Period Starts, ASX 200 at Risk Due to China Economic Woes Australian Dollar, AUD/USD, APAC, China, Fed, Crude Oil, Trade – Talking Points The risk-sensitive Australian Dollar rose alongside US stock indexes WTI crude oil prices plummeted as China’s Covid lockdowns broaden AUD/USD’s technical outlook below the 78.6% Fib appears bearish Recommended by Thomas Westwater Introduction to Forex News Trading . . . → Read More: AUD/USD Gains Appear Untenable Amid China Lockdown Woes Ahead of Australian Trade Data Gold Price Talking Points The price of gold appears to be stuck in a narrow range following the failed attempt to test the yearly low ($1681), but bullion may bounce back towards the 50-Day SMA ($1747) as the Relative Strength Index (RSI) reverses ahead of oversold territory. Advertisement Gold Price Defends Yearly Low . . . → Read More: Gold Price Defends Yearly Low to Keep RSI Out of Oversold Territory US Stock Market Key Points: The S&P 500, Dow and Nasdaq 100 surge after rebounding off strong support levels, in context of lower U.S. Treasury yields Beige Book confirms economic slowdown and persistent inflation All eyes on FED’s Jerome Powell speech tomorrow following the much-anticipated ECB rate decision. . . . → Read More: S&P 500, Nasdaq, Dow Rally, Snapping Several Days of Losses Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15, it also wiped out $246 million worth of leverage long (buy) futures contracts. Bitcoin price is down for . . . → Read More: Bitcoin is pinned below $20K as the macro climate stifles hope for a sustainable BTC bull run The Fed’s Beige Book points to weak economic outlook and inflation expected to persist Fed officials reinforce their commitment to curb inflation even at the cost of economic growth and higher unemployment Money Markets now price in an 78% chance of a 75-basis point rate hike at the SeptemberFOMC meeting. . . . → Read More: Beige Book Confirms Economic Slowdown and Persistent Inflation After trading near the $20,000 level for several days, Bitcoin (BTC) turned down sharply and dropped below $19,000 on Sept. 6. The fall was not limited to the cryptocurrency markets as the United States equities markets also closed lower on Sept. 6. Risky assets have been facing selling pressure in the past few . . . → Read More: Price analysis 9/7: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB On Wednesday, the U.S. subsidiary of cryptocurrency exchange Binance announced that it would introduce an Ethereum staking program with annual percentage yields of up to 6.0%. Unlike direct staking on the Ethereum network, which would require 32 Ether (ETH), only 0.001 ETH would be required under the new service introduced by Binance US. Regarding . . . → Read More: Binance US launches low-barrier Ethereum staking ahead of The Merge Decentralized finance (DeFi) has seen tremendous growth since its inception, expanding by more than 1,200% in 2021 in total value locked (TVL) and surpassing $240 billion in invested assets. While DeFi has since dropped to around $60 billion TVL as a result of wider macroeconomic trends, such as rising inflation, the seeds are in . . . → Read More: What will drive crypto’s likely 2024 bull run? Philip Karageorgevitch, Hereditary Prince of Serbia and Yugoslavia, is a strong proponent of Bitcoin while he criticizes altcoins for being mere attempts to copy the original cryptocurrency. “People want to make fiat. They want to make money. And so they’re going to use Bitcoin’s technology, Bitcoin’s ideas and try to make them their . . . → Read More: Why Prince Philip of Serbia is bullish on Bitcoin (not crypto) Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 relief bounce “still likely” says trader Data from Cointelegraph Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows coming . . . → Read More: Bitcoin price hits 10-week low amid ‘painful’ US dollar rally warning High transaction fees have been a long recurring issue for users on popular blockchain networks like Ethereum and Bitcoin during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs. What are transaction fees? Transaction fees are fees that users pay to send a transaction or . . . → Read More: How high transaction fees are being tackled in the blockchain ecosystem Eight years ago, in 2014, the crypto world was rocked by the crippling hack of Mt. Gox, a popular Bitcoin (BTC) exchange, which was forced to shut down after miscreants were able to make away with approximately 850,000 BTC, worth more than $16 billion at today’s exchange rates. At the time of the . . . → Read More: Mt. Gox creditors fail to set repayment date, but markets to remain unaffected ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum Merge. Scheduled to occur in mid-September, the Ethereum Merge is a long-awaited consensus upgrade that is set to move the Ethereum blockchain from mining-based PoW to mining-free proof-of-stake (PoS). ETC Group’s new Ethereum ETP . . . → Read More: ETC Group launches crypto ETP based on PoW Ethereum hard fork It took a few years, but government crackdowns on “insider trading” involving digital assets have finally arrived. It’s about time! Insider trading occurs often in our securities markets, so it was only a matter of time before crypto and other digital assets would be exploited improperly by miscreants for financial gain. Powers On… is . . . → Read More: Powers On… Insider trading with crypto is targeted — Finally! Part 1 As the Ethereum network moves from proof-of-work (PoW) consensus to proof-of-stake (PoS), a digital asset platform initiated a service for institutions to dive into Ether (ETH) staking. In an announcement sent to Cointelegraph, Swiss digital asset banking platform SEBA Bank said that it has launched an Ethereum staking service for institutions that want . . . → Read More: SEBA Bank to provide Ethereum staking services to institutions Samson Mow, a well-known Bitcoin proponent, recently took to social media to talk about the centralization aspects of the upcoming Merge, which he claimed isn’t widely known. Ethereum is in the countdown mode after the completion of the Bellatrix upgrade on Sept. 6 and is all set for the official transition between Sept.13–15, . . . → Read More: Bitcoin proponent Samson Mow highlights centralization aspect of the Merge The growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether proof-of-work tokens (ETHPoW) has been causing headaches for decentralized finance (DeFi) protocols. The issue has been gaining traction over the past month or so, given that a significant number of Ether miners are expected . . . → Read More: Degens borrowing ETH to get fork tokens create headaches for DeFi platforms The Bellatrix upgrade preparing Ethereum for the Merge was successfully completed on Tuesday. However, concerns were raised over an almost one in ten missed block rate across the last 600 slots. The Bellatrix upgrade updated Ethereum consensus layer clients at epoch 144896 on the Beacon Chain prior to the upcoming Merge scheduled for sometime . . . → Read More: Ethereum’s Bellatrix upgrade hiccups jangle nerves, but it’ll be right on the night Mainstream outlets are starting to pick up on the significance of next week’s Ethereum Merge, describing it as a “major overhaul” that could either accelerate crypto adoption or send disastrous shockwaves across the market should it fail. The Merge has been in the making since the original Ethereum white paper and involves moving from . . . → Read More: Mainstream media on the Merge: Risky move or climate nirvana? US Dollar, DXY, China, Australia, Covid Lockdowns, Energy, Technical Outlook – Talking Points US stocks fall overnight, setting the stage for APAC stocks to open lower Australia’s second-quarter GDP and China’s August trade balance due out DXY approaches the 2002 June high as RSI enters overbought conditions Wednesday’s Asia-Pacific Outlook US stocks fell . . . → Read More: US Dollar Surge Threatens APAC Trading as China Lockdowns Weigh on Risk Assets Australian Dollar Talking Points AUD/USD trades to a fresh monthly low (0.6728) after showing a limited reaction to the Reserve Bank of Australia (RBA) interest rate decision, and the exchange rate may attempt to test the yearly low (0.6681) as it reverses ahead of the monthly high (0.6855). Advertisement AUD/USD Rate Eyes Yearly . . . → Read More: AUD/USD Rate Eyes Yearly Low Ahead of Australia GDP Report An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks a 24% correction from . . . → Read More: Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs US Stock Market Key Points: The S&P 500, Dow and Nasdaq 100 grinded into long-term supports. Services PMI surprised to the upside triggering a skyrocketing effect on US Treasury yields and pushing the USD higher All eyes on the FED’s Jerome Powell speech on Thursday which follows the ECB’s rate decision. Most Read:Central . . . → Read More: S&P 500, Nasdaq, Dow Grind into Key Support On Sept. 6, Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern. Bitcoin eyes $15,000 next From a technical perspective, Bitcoin risks dropping to $15,000 or below in the coming weeks after breaking out . . . → Read More: Bitcoin ‘bear flag’ breakdown targets $15K as US dollar hits 20-year high VALUE AND GROWTH STOCKS: Value and growth stocks valuations will be impacted differently by a shift in the monetary policy outlook Value tends to outperform the growth factor when the Fed increases interest rates When interest rates fall in the economy, growth companies outperform their value counterparts Most Read: How Does the Stock . . . → Read More: Growth Versus Value Stocks: How Interest Rates Affect Valuations EUR/USD OUTLOOK: EUR/USD hits fresh cycle’s low on Tuesday in volatile trading Meanwhile, the U.S. dollar, as measured by the DXY, sets a new multi-decade high, bolstered by better-than-expected U.S. economic data This article looks at technical levels for the euro to keep an eye on over the coming days Most Read: Japanese . . . → Read More: Euro Forecast: EUR/USD Balance of Risks Tilt Lower as King US Dollar Reigns Supreme Cryptocurrency miner Hive Blockchain has been working to replace the mining of Ether (ETH) with other coins in the event of Ethereum’s upcoming transition to proof-of-stake, or PoS. The Canadian crypto mining firm has been analyzing options for mining with its GPU stash ahead of the Ethereum Merge, Hive said in its latest . . . → Read More: Hive Blockchain explores new mineable coins ahead of Ethereum merge Bitcoin (BTC) traded in an increasingly narrow range on Sept. 6 as bets piled in over an imminent breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance futures giant sucks in spent BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying under $20,000 for a fourth straight day with bulls failing to . . . → Read More: Traders say Bitcoin price bounce is overdue after a ‘massive’ BTC long position appears On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss the Ethereum Merge and how it might impact the crypto market To kick things off, we broke down the latest news in the markets this week. Surge or purge? Why the Merge may not save Ether (ETH) price from “Septembear.” Options data, . . . → Read More: Will the Ethereum Merge crash or revive the crypto market? | Find out now on The Market Report Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions. Hut 8 released its latest mining report for August 2022, which showed that it had increased its Bitcoin holdings by 375 BTC for the month to take . . . → Read More: Hut 8 surpasses 8,000 BTC mark as it continues to HODL As Ethereum Name Service (ENS) domains became more popular, the conversation has steered toward .eth domain pricing and what is considered to be a “fair” price to guarantee ownership for 100 years. In a Twitter thread, Ethereum co-founder Vitalik Buterin asked the community what price they think is appropriate for registering and keeping . . . → Read More: Ethereum co-founder’s poll shows people want $100 lifetime .eth domains Ethereum co-founder Vitalik Buterin is reminding node operators to upgrade their clients before the Bellatrix “hard fork,” slated for Sept. 6. Buterin said that the scheduled upgrade will be the final update that prepares the Beacon Chain, the proof-of-stake (PoS) chain, for the Merge. The merge is still expected to happen around . . . → Read More: Vitalik reminds node operators to update client before the Bellatrix upgrade Ethereum Name Service (ENS) domain names have surpassed Bored Ape Yacht Club (BAYC) as the most traded asset on nonfungible token (NFT) marketplace OpenSea over the last seven days — seemingly ahead of the Ethereum Merge. According to OpenSea data, the weekly volume of the Ethereum domain NFTs eclipsed 2,249 Ether (ETH) at the . . . → Read More: Ethereum domain names top Bored Apes on OpenSea’s weekly chart The Ethereum network’s transition from a proof-of-work (PoW) consensus is likely to flood the crypto industry with out-of-work Ether (ETH) miners, causing severe disruption to all PoW tokens. Speaking to Cointelegraph, Andy Long, CEO of Bitcoin miner White Rock believes the upcoming Ethereum Merge will force PoW miners to look for greener pastures, such . . . → Read More: Ethereum Merge to ‘swamp’ other coins with miners — Mining CEO The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps). That is precisely why monitoring vital network conditions is essential for anyone willing to . . . → Read More: Ethereum gone wrong? Here are 3 signs to keep an eye on during the Merge Cryptocurrency exchange Binance announced Monday that it plans to halt all deposits and withdrawals of Ethereum (ETH) and Wrapped Ethereum (WETH) on selected networks, starting September 6th at 2 am (UTC) in anticipation of Ethereum’s Merge event. #Binance will suspend deposits and withdrawals for Ether $ETH and Wrapped Ether $WETH on . . . → Read More: Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5% to nearly $37.25 per token. Its massive gains came days after BTC.com, a blockchain explorer and crypto mining pool, launched a specialized Ethereum . . . → Read More: Ethereum Classic books 12% rally as mining support for ETC gains pace The cryptocurrency markets have been quiet over the weekend. The sideways price action continues on Sept. 5 and there are unlikely to be any fresh triggers from the United States equities markets, which are closed for Labor Day. However, the bullish picture for cryptocurrencies looks clouded as the energy crisis in Europe sent the . . . → Read More: Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB The Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t be fixed, according to macro analyst Lyn Alden. “Until they actually fix the supply side of certain things, like energy especially, but commodities broadly . . . → Read More: What does the Fed’s fight against inflation mean for crypto? Macro analyst explains Advertisement FX Week Ahead Overview: The firstfull week of September will produce several critical interest rate decisions from the Bank of Canada, European Central Bank, and Reserve Bank of Australia. The US economy takes a back seat this week with only one ‘high’ rated event scheduled. Fed Chair Jerome Powell speaks on Thursday, . . . → Read More: FX Week Ahead – Top 5 Events: RBA Rate Decision; US ISM Non-Manufacturing; BOC Rate Decision; ECB Rate Decision; Canada Jobs Report Law enforcement in Australia is working to boost cryptocurrency expertise and trace crypto transactions by setting up a dedicated police group. The Australian Federal Police (AFP) has established a new cryptocurrency unit to focus on monitoring crypto-related transactions, The Australian Financial Review reported on Monday. Stefan Jerga, the national manager of the AFP’s . . . → Read More: Australian state police sets up crypto division to trace transactions Interest in crypto has been growing since the 2017 bull market and has increased even further since 2021, which saw the nonfungible token (NFT) boom and Bitcoin (BTC) hitting its highest price so far. So, what can a crypto investor tell family and friends who are interested in cryptocurrency? Here are some common . . . → Read More: Crypto noobs: What to tell newcomer friends about digital currency Energy Prices Soar, German Power up 16%. Benchmark Year-Ahead Price Jumped 21%. Eurozone Retail Sales Ticked up in July but Downward Trend Remains. Year-to-Date Lows in Sight. DAX 40: Struggles as Nord Stream Shutdown Deepens Energy Woes The DAX struggled in early trade declining around 100-odd points before paring losses as we . . . → Read More: DAX 40 Struggles as Nord Stream Shutdown Deepens Energy Woes GBP/USD, EUR/GBP Analysis and Talking Points Liz Truss Announced as Next UK Prime Minister No More Fiscal Policy Vacuum to Weigh on GBP Liz Truss has been announced as the next UK Prime Minister with 57% of party votes and will be the third PM in six years. In terms of proceedings, Liz . . . → Read More: Liz Truss Announced as Next UK Prime Minister, GBP Unchanged A sublime sunset enveloped Biarritz Casino on Aug. 27, bringing France’s largest Bitcoin (BTC) conference to a close. Located in southwest France and organized by French Bitcoin exchange Stackin Sat, Surfin Bitcoin assembled a host of Bitcoin OG’s, newbies and no coiners, those yet to buy or earn crypto, in a setting that would . . . → Read More: Ripples of Bitcoin adoption at Biarritz’s Surfin Bitcoin Conference in France Euro, EUR/USD, EUR/GBP & Gas News and Analysis Germany announces third relief package to ease energy costs and Q3 off to a rough start after July’s balance of trade data drops Russia turns off gas taps in tit-for-tat response to G7 oil price cap EUR/USD trades below 99c while EUR/GBP at possible inflection ahead . . . → Read More: Euro Forecast: EUR/USD Below 99c and EUR/GBP Awaits New UK PM Many believe that after Ethereum transitions to proof-of-stake (PoS), a faction of Ether (ETH) miners will be creating a proof-of-work (PoW) fork of the network so that they can still keep mining. An executive believes that there are ways for ETH holders to take advantage of this upcoming event. In a Twitter thread, . . . → Read More: ETH Merge: CoinGecko co-founder shares strategy for forked tokens US Dollar Price and Chart Analysis US dollar breaches 110 in holiday-thinned conditions. Euro and Sterling are roiled by fresh energy concerns. The US dollar basket (DXY) broke above 110 early today for the first time in over 20 years as the greenback’s dominance of the FX market shows no sign of . . . → Read More: US Dollar (DXY) Rally – The Cleanest Shirt in the Dirty Laundry Basket Disclaimer: FTX has deleted the source tweet and updated the blog post that was the basis of the initial story. This article has been updated based on new official information to confirm that FTX will suspend ETH deposits and withdrawals, and not halt the trades on the crypto exchange. While Ethereum devs promised . . . → Read More: FTX to halt ETH deposit and withdrawals on Arbitrum, Solana, BSC during the Merge The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction to a seemingly positive August jobs report suggests that traders are nervous about the Federal . . . → Read More: A range-break from Bitcoin could trigger buying in ADA, ATOM, FIL and EOS this week Advertisement Weekly Fundamental Crude Oil Price Forecast: Neutral There are several stories unfolding in the energy space that should keep volatility elevated across energy markets, none of which are likely to find any permanent resolution anytime soon. Net-long positioning in the oil futures market remains near its yearly low, and its lowest . . . → Read More: Weekly Fundamental Crude Oil Price Forecast: Volatility to Remain Global equity markets closed the week with steep losses as traders shifted their money out of risk assets, worried by economic concerns and inflation-focused central banks that appear ready to continue tackling high prices even if it induces recessions. US stocks opened higher on Friday after the US non-farm payrolls report crossed the . . . → Read More: Markets Week Ahead: Dow Jones, US Dollar, EUR/USD, USD/CAD, AUD/USD, Gold, ECB, BOC, RBA Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency exchange that is run by . . . → Read More: Can the government track Bitcoin? S&P 500 WEEKLY OUTLOOK: SLIGHTLY BULLISH TO NEUTRAL S&P 500 and Nasdaq 100 may have room to recover in the coming days and weeks U.S. economic resilience and slowing inflationary pressures should be supportive of risk assets Traders should watch how Fed monetary policy expectations evolve for further guidance on the outlook Most . . . → Read More: S&P 500, Nasdaq 100 Forecast for Week Ahead: Path Higher Difficult but Possible The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research. One of the biggest concerns authorities raise when it comes to Bitcoin’s mainstream adoption is its energy requirements. While innovations in chipset manufacturing have helped reduce . . . → Read More: Repurposing Bitcoin mining heat can solve global energy crisis: Arcane Canadian Dollar Talking Points USD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate decision may keep the exchange rate afloat as the central bank is expected to adjust its approach in combating inflation. Fundamental Forecast for Canadian Dollar: . . . → Read More: USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision EUR/USD Price, Chart, and Analysis Market pricing expects a 75 basis point hike. Any dovish disappointment will see the Euro tumble. The European Central Bank meeting next Thursday is likely to see the central bank hike rates by 75 basis points to 1.25% in an effort to stem sky-high inflation. The decision, and . . . → Read More: Euro ( EUR) Forecast – The ECB Needs to Ramp Up Interest Rates and Fast Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week DC Attorney General sues Michael Saylor and MicroStrategy for . . . → Read More: Saylor gets sued, FBI warns about DeFi exploits and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28-Sept. 3 Gold Fundamental Forecast – Bullish Gold traders bought the metal on Friday after the August US jobs report Bullion prices look set to extend Friday’s move as Treasury yields fall Federal Reserve Chair Powell and Vice Chair Brainard speeches pose risks Gold prices fell around 1% last week despite a late-week surge on . . . → Read More: Gold Prices Set to Move Higher in the Week Ahead After NFP Data Cools FOMC Bets When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high. These same individuals also said $50,000 was a buy the dip opportunity, and then they said $35,000 was a generational buy opportunity. Later on, they also suggested . . . → Read More: The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price US Midterm Elections Outlook: Unless gas prices drop further and US inflation rates pull back sharply, odds are that Democrats lose control of at least the House of Representatives to Republicans. The prospect of gridlock returning to Washington, D.C. has profound implications for the Federal Reserve and the US Dollar. The Federal Reserve could . . . → Read More: The Impact of US Midterm Elections on the Federal Reserve and the US Dollar Ethereum’s native token, Ether (ETH), is not immune to downside risk in September after rallying approximately 90% from its bottom of around $880 in June. Much of the token’s upside move is attributed to the Merge, a technical upgrade that would make Ethereum a proof-of-stake (PoS) protocol, slated for Sep. 15. But despite logging impressive . . . → Read More: Surge or purge? Why the Merge may not save Ethereum price from ‘Septembear’ It can be difficult to track Bitcoin transactions when people use various wallets and Bitcoin mixers. These factors disrupt the search process and take up a lot of time. Despite the fact that it is challenging for users of a Bitcoin wallet to conduct transactions completely anonymously, there are several ways . . . → Read More: Are Bitcoin transactions anonymous and traceable? U.S. DOLLAR TALKING POINTS U.S. ISM non-manufacturing PMI in focus. Possible from loading from ECB could sap USD short-term. Bearish divergence apparent on daily DXY chart. Advertisement USD FUNDAMENTAL FORECAST : BULLISH Last week saw the greenback start of on the back foot as the Dollar Index’s (DXY) main constituent (euro) found support . . . → Read More: USD Weekly Forecast: Solid Jobs Report Supportive of U.S. Dollar and 75bps Rate Hike Bitcoin (BTC) traded below $20,000 on Sep. 3 as commodities declined on news of a G7 Russian energy ban. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All down after gloomy macro week Data from Cointelegraph Markets Pro and TradingView showed ongoing lackluster performance on BTC/USD, which traded around $19,800. The largest cryptocurrency looked increasingly . . . → Read More: Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20K The Oblique Life The Oblique Life helps organisations and individuals maximise their socio-economic and environmental impact. To help our clients achieve this goal we have divided our services into three areas: Education and awareness around sustainability and the United nations SDGs, engagement with pioneering leaders who are driving positive changes for the future, . . . → Read More: S01E12: The Future of Consumerism The Oblique Life The Oblique Life helps organisations and individuals maximise their socio-economic and environmental impact. To help our clients achieve this goal we have divided our services into three areas: Education and awareness around sustainability and the United nations SDGs, engagement with pioneering leaders who are driving positive changes for the future, . . . → Read More: S01E11: Re-thinking Our Ethics The Oblique Life The Oblique Life helps organisations and individuals maximise their socio-economic and environmental impact. To help our clients achieve this goal we have divided our services into three areas: Education and awareness around sustainability and the United nations SDGs, engagement with pioneering leaders who are driving positive changes for the future, . . . → Read More: S01E10: Role of the Investor The Oblique Life The Oblique Life helps organisations and individuals maximise their socio-economic and environmental impact. To help our clients achieve this goal we have divided our services into three areas: Education and awareness around sustainability and the United nations SDGs, engagement with pioneering leaders who are driving positive changes for the future, . . . → Read More: S01E09: The Global Waste Opportunity Analysis and News Bitcoin | Path of Least Resistance Tilted to the Downside Ethereum | Is Merge a Buy the Rumour, Sell the Fact? Bitcoin | Path of Least Resistance Tilted to the Downside Bitcoin continues to hover around the 20k mark as tight ranges are maintained. The upside in the cryptocurrency has . . . → Read More: Bitcoin & Ethereum Forecast for the Week Ahead AUSTRALIAN DOLLAR FORECAST: BEARISH The Australian Dollar is vulnerable to the international melee unfolding Sunny retrospective indicators are giving way to perturbing advance signals The RBA are set for action on Tuesday. Will a hike move the dial for AUD/USD? The Australian Dollar remains hostage to US Dollar fluctuations as the domestic economy . . . → Read More: Australian Dollar Outlook: Data is Mixed but Lead Looks Ominous Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin (BTC) is when no one is talking about Bitcoin. Remember the 2018–2020 crypto winter? . . . → Read More: 3 ways to trade Bitcoin and altcoins during a bear market Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that . . . → Read More: NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3 The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country’s legal framework with regard to its regulation of cryptocurrencies. According to local media, one major concern is that the bill in question does not appear to consider tokens as digital assets or securities — and they therefore wouldn’t fall under . . . → Read More: Brazilian SEC seeks to change its role in cryptocurrency regulation Let’s rewind the tape to the end of 2021 when Bitcoin (BTC) was trading near $47,000, which at the time was 32% lower than the all-time high. During that time, the tech-heavy Nasdaq stock market index held 15,650 points, just 3% below its highest-ever mark. Comparing the Nasdaq’s 75% gain between 2021 and 2022 . . . → Read More: Bitcoin’s in a bear market, but there are plenty of good reasons to keep investing Gold Weekly Technical Outlook: Neutral Gold prices rebound off psychological support at a critical juncture that has provided a pivot point for the imminent move USD strength holds XAU/USD at bay – safe-haven greenback remains a prominent driver of price action Silver futures slip to a two-year low but prior resistance turned support caps . . . → Read More: Gold Price Forecast: Gold Holds Support as Silver Slides to Two-Year Lows Nonfarm payrolls rose by 315,000 jobs in August, down from the July increase of 526,000 jobs. The report was just below the Dow Jones estimate of 318,000 jobs and the slowest monthly gain since April 2021. The S&P 500 rose in response to the report, but later erased its gains, indicating that bears continue . . . → Read More: Price analysis 9/2: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB US Midterm Elections Outlook: Americans are deeply unhappy with the state of the US economy ahead of midterm elections. US President Joe Biden’s popularity is at its lowest level of his term, threatening to weigh on Democrats down ballot. Unless gas prices drop further and US inflation rates pullback sharply, odds are that Democrats . . . → Read More: How Record Inflation Will Impact the US Midterm Elections Jackson Hole ECB Talking Points ECB’s German economist Isabel Schnabel raises concerns about current Euro levels Schnabel’s Jackson Hole Economic Symposium comments sets hawkish tone Her comments portend a 75 basis point rate hike at ECB’s Sept. meeting. “Policy prescribes a forceful response as inflation remains elevated” During the August Jackson Hole Economic . . . → Read More: ECB’s Isabel Schnabel Foreshadows Rate Change at Sept. 8 Meeting GBP Key Points: Outlook: Bearish According to the British Chambers of Commerce Forecasts, the UK is Already in a Recession, and Inflation is Set to Hit 14%. Odds thatSterling is Lower than US Dollar by Year-End are Rapidly Falling. Elections Remain Key as Frontrunner Liz Truss’s Plan for the BoE Seen as a Threat . . . → Read More: British Pound (GBP) Forecast: Sterling’s Slide May Continue as New Prime Minister Faces Immediate Tests Bitcoin (BTC) passed $20,400 for the first time this month on Sept. 2 as United States economic data outperformed expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Declining dollar accompanies BTC price rebound Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $20,500 after the Wall Street open, marking new highs for September. . . . → Read More: Bitcoin hits new September high on US payrolls, G7 Russian energy cap After more than 10 years since the inception of Bitcoin (BTC), its pseudonymous creator Satoshi Nakamoto still remains a mystery. Being an inspirational figure to the crypto space, Cointelegraph asked Twitter what questions they would have for Nakamoto if they had a chance to talk. From asking about their private keys and thoughts . . . → Read More: What would you ask Satoshi Nakamoto? Community answers The crypto winter has pumped new life into the adage “Not your keys, not your coins,” particularly after the collapse of some high-profile enterprises like the Celsius Network, whose funds were frozen in June. Just last week, Ledger CEO Pascal Gauthier hammered home the point further, warning: “Don’t trust your coins and your . . . → Read More: Crypto winter teaches tough lessons about custody and taking control NFTs can now serve as court documents… but they might also be unregistered securities, illegal loot boxes, or come with impossible tax demands. Nonfungible tokens (NFTs) are thought of by most people as just funny pictures that degens on the internet spend far too much money on for poorly understood reasons. But Jason Corbett, . . . → Read More: Crazy outcomes when current laws applied to NFTs and the metaverse At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018. Situated at one of the hydroelectric plants on . . . → Read More: Armenia aims to position itself as a Bitcoin mining hub Japanese Yen, USD/JPY, Covid, Steel Prices, Technical Outlook – TALKING POINTS Asia-Pacific markets face US Dollar headwinds going into the weekend Japanese Yen falls versus USD as the island nation faces higher steel costs USD/JPY eyes higher ground with little resistance before the 1998 high Friday’s Asia-Pacific Outlook US stocks rose on Thursday, . . . → Read More: Japanese Yen Stumbles Against US Dollar as Japan Faces Higher Steel Prices Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States. Speaking with CNBC’S Squawk Box on Thursday, the billionaire said he believes that government regulation will be positive for the industry, and . . . → Read More: Former blockchain skeptic David Rubenstein discloses investments in crypto companies |
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